Western Nations Struggle to Dent China's Rare Earth Monopoly China’s dominance in rare earth elements production and processing remains strong despite efforts by Western nations to reduce reliance. While China’s market share has declined slightly in recent years, it still controls about 67% of global production and 90% of processing. Western countries are investing in domestic rare earth projects and supply chains, but China’s established infrastructure and technological expertise make it challenging to significantly diminish its dominance in the near term. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Zimbabwe Keeps Interest Rate at 20%, Predicts Inflation Below 5% by Year-End READ MORE US Budget Gap Widens 16% in First Four Months of Fiscal Year READ MORE World Bank Raises Global Growth Forecast to 2.6%, Citing U.S. Economic Strength READ MORE Gold Shines in Short-Term as Copper Holds Mid-Term Appeal, Deutsche Bank Survey Finds READ MORE Gold Prices Defy Traditional Market Drivers in Recent Rally, Says Expert READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment